RARE DEVELOPMENT OPPORTUNITY IN THE HEART OF INNISFIL'S GROWTH! Prime corner lot boasting an impressive 250 FT OF FRONTAGE ON INNISFIL BEACH ROAD, strategically positioned in the centre of Alcona's expanding residential and commercial hub. This exceptional property offers a proposed 8-storey mixed-use development featuring 121 residential apartment units, approximately 11,000 sq. ft. of ground-floor commercial/retail space and two levels of underground parking. SITE PLAN APPROVAL IN ADVANCED STAGES, WITH FINAL MUNICIPAL APPROVAL PENDING. An unbeatable location offering outstanding exposure along Innisfil's main commercial corridor, minutes from Lake Simcoe, with convenient access to Hwy 400. Surrounded by established neighbourhoods, new residential developments, shopping and amenities, with a new elementary school under construction nearby. As Innisfil's population expands and commercial space along Innisfil Beach Road remains limited, this development presents an exciting opportunity to capture growing demand for housing, retail, restaurants, medical offices and essential services. Major growth initiatives, including The Orbit master-planned community and the proposed RVH hospital campus at Yonge Street and Innisfil Beach Road, further reinforce the area's long-term investment appeal. With substantial frontage, a prominent corner position and significant residential and commercial development potential, this is an opportunity to establish a landmark presence in Innisfil's growing commercial core. SECURE YOUR POSITION TODAY AND BE PART OF INNISFIL'S FUTURE! (id:66096)
Property Details
MLS®
N14130562
Property Type
Vacant Land
Zoning
Commercial Mixed Use
Lot Size
1.14 acres
Frontage
252 ft
Price per Acre
$5,701,799 per acre
Property Tax
$8,030.23/yr
Listed
5 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
5d
Innisfil (Alcona) listings, avg age
60d
List price
$6.50M
Just listed: 5 days on market, against an average age of 60 days across the listings currently for sale in this city
Market timing · days on market0 → 60d avg age of current listings
Just listed · day 5
Haho
This vacant land in Innisfil (Alcona) has been listed for 5 days, which is 55 days fresher than the city average of 60. Act while there is still low competition.
Listed by SUTTON GROUP INCENTIVE REALTY INC. · LISA RAHMILOV
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L9S)
This home lists at $6,499,999, about 65.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $1,269,677 (20% down, 25-yr amortization, stress-tested) — roughly 1170% above the area median.
Median household income
$100,000
Population
33,434
Median age
42
Owner / renter
86% / 14%
Avg. household size
2.8
Source: Statistics Canada, 2021 Census (FSA L9S)
$6,499,999
For sale
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